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Comcast To Rival Phone Companies
Comcast is planning a new nationwide digital phone service to debut this year as part of its attempt to rival phone companies like Verizon.
The company plans to offer the service over Internet lines to about half of the homes in its territory by the end of the year and to 20-25 million more homes by the middle of next year.
Dave Watson, Comcast executive vice president told Reuters, "Our focus was to make sure it's a healthy business...There was a handful of things we went to school on over the past year."
"In recent years, companies such as MCI Inc. and AT&T Corp. offered consumers an alternative to local phone service by leasing lines at a deep discount from the local companies, then reselling the service under their own brand. But those challengers pulled back from the residential phone business last year, as regulators eased the requirement that local phone companies provide access to their networks at discount rates.
By comparison, Comcast owns its own lines into homes, and it is already a major consumer brand. It sells high-speed Internet services to 6.5 million customers and television programming to 21.5 million customers. "
"Smaller cable operators such as Time Warner Inc.'s cable unit and Cablevision Systems Corp., which began offering VoIP to all their customers in the last 18 months, have said digital phone is less expensive to deploy than traditional circuit- switched service."
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